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German Electric Mobility Association, BEM, Files for Bankruptcy Amid Difficult Development of Automotive Industry in Country | 🚘 LatestLY

  • A leading German organization that represents 450 electric vehicle manufacturers has recently declared bankruptcy.
  • The BEM's bankruptcy follows prolonged struggles caused by stagnation in Germany’s automotive industry and challenges in the electric vehicle transition.
  • Bosch announced job cuts due to the sluggish global economy, while electric car sales collapsed after EV subsidies ended amid a tense market environment.
  • BEM members generate $114 billion in turnover and employ about one million people worldwide, marking this bankruptcy as a major economic signal.
  • This bankruptcy highlights deeper issues in Germany’s automotive sector and raises uncertainty over government and industry responses to promote sustainable mobility.
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VOIGT SALUS. [Newsroom]Dresden (ots) - After the Bundesverband eMobility e. V. (BEM) had filed an application for insolvency at the beginning of May 2025, the district court Charlottenburg ordered a preliminary insolvency procedure by order of 22 May 2025. Attorney ... Continue reading here...Original content of: VOIGT SALUS., transmitted by news up-to-date

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Not only do producers of e-cars find it difficult in Germany, but also their lobbyists: the Federal Electromobility Association is insolvent.

·Germany
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After the Bundesverband eMobility e. V. (BEM) had filed an application for insolvency at the beginning of May 2025, the district court Charlottenburg ordered a preliminary insolvency procedure by order of 22 May 2025. Attorney Joachim Voigt-Salus of the law firm VOIGT-SALUS. was appointed provisional insolvency administrator. The association of interests, which has existed for more than 16 years, is committed to the promotion of e-mobility and r…

The industry association Electromobility has filed an application for insolvency, with a set of causes, including the difficult economic situation of the industry and tensions within the association.Last Friday, the Federal Association of Electromobility (BEM) filed an application for insolvency with the Berlin-Charlottenburg District Court, as the announcements show.The reasons for the insolvency are still unclear. Managing Director Markus Emme…

The German electric car industry has been dealt another blow. The sector's main lobby organisation, the Bundesverband eMobilität (BEM), has been declared bankrupt. This means the loss of a key player in a sector that was presented as the key to the 'energy transition', reports Junge Freiheit.

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Latestly broke the news in Mumbai, India on Sunday, May 25, 2025.
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